As ordered reported by the House Committee on Science, Space, and Technology on September 11, 2024
By Fiscal Year, Millions of Dollars
2025
2025-2029
2025-2034
Direct Spending (Outlays)
0
0
0
Revenues
0
0
0
Increase or Decrease (-) in the Deficit
0
0
0
Spending Subject to Appropriation (Outlays)
*
1
not estimated
Increases net direct spending in any of the four consecutive 10-year periods beginning in 2035?
No
Statutory pay-as-you-go procedures apply?
No
Mandate Effects
Increases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035?
No
Contains intergovernmental mandate?
No
Contains private-sector mandate?
No
* = between zero and $500,000.
Summary
H.R. 9466 would require the National Institute of Standards and Technology (NIST) to collaborate with public and private organizations to develop and update voluntary guidelines for the development and assessment of artificial intelligence systems. The bill also would require NIST to report to the Congress on the results of this process within 18 months of enactment.
CBO expects that NIST would need one person, at an average cost of $270,000 in 2025, to implement the requirements in the bill. On that basis and accounting for anticipated inflation, CBO estimates that implementing H.R. 9466 would cost $1 million over the 2025-2029 period. Any related spending would be subject to the availability of appropriated funds.